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Noreco chair on exploration halt: "They can do what they like"

Norwegian oil company Noreco sees many possibilities for existing fields in the Danish North Sea, and Chair Riulf Rustad is not particularly concerned about a potential ban on further exploration, he tells Danish business daily Børsen.

Photo: PR / Noreco

Norwegian oil company Noreco is not concerned about a possible exploration ban in the Danish North Sea.

Chair Riulf Rustad says that there is still plenty of value in the existing fields and that a potential halt to new exploratory oil and gas drillings will not have major significance for his company, Rustad tells Danish business daily Børsen.

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